Keybank National Association OH Has $2.93 Million Stock Holdings in Fiserv, Inc. $FISV

Keybank National Association OH trimmed its position in shares of Fiserv, Inc. (NASDAQ:FISV) by 37.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,438 shares of the business services provider’s stock after selling 31,899 shares during the period. Keybank National Association OH’s holdings in Fiserv were worth $2,926,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. acquired a new stake in shares of Fiserv during the 4th quarter worth approximately $3,507,063,000. Dodge & Cox acquired a new position in shares of Fiserv in the fourth quarter valued at $3,323,210,000. State Street Corp bought a new position in Fiserv in the fourth quarter worth $1,588,663,000. Geode Capital Management LLC acquired a new stake in Fiserv during the fourth quarter worth $854,215,000. Finally, Amundi acquired a new stake in Fiserv during the fourth quarter worth $825,819,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Loop Capital cut their price target on shares of Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Keefe, Bruyette & Woods lowered their price objective on Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Finally, BNP Paribas Exane downgraded Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price for the company. in a research report on Friday, June 5th. Nine research analysts have rated the stock with a Buy rating, twenty-five have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $82.23.

Fiserv Stock Performance

NASDAQ FISV opened at $52.33 on Monday. The firm has a market cap of $27.90 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 1.46 and a beta of 0.82. The company has a 50 day moving average of $54.24 and a 200-day moving average of $59.42. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv, Inc. has a 1-year low of $47.04 and a 1-year high of $175.92.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.57 by $0.22. The business had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.Fiserv’s revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, equities analysts forecast that Fiserv, Inc. will post 8.14 earnings per share for the current fiscal year.

Insider Transactions at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of Fiserv stock in a transaction on Wednesday, June 17th. The shares were bought at an average price of $49.70 per share, with a total value of $499,982.00. Following the completion of the purchase, the chief financial officer owned 184,107 shares in the company, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.06% of the company’s stock.

Fiserv Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.